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VP Biden says stimulus is working

Vice President Joe Biden says the economic recovery act deserves credit for creating or saving upward of 2.8 million jobs so far, with thousands more projects coming soon in a busy summer of construction.

At the White House Thursday, the vice president told reporters: "Folks, the act is working."

But the success of the law remains a point of political contention. To help counter the critics, President Barack Obama's team is promoting what it calls a surge of infrastructure projects, paid for by taxpayers, across the country over the summer. The vast economic stimulus package has a long-term cost of $862 billion.